Dr. Suryakant Sambhu Bhosale

SAT-appeal

• Operating investment schemes leading to WTM restraint for 4 years from securities market and direction to wind-up schemes and refund investors
  Appeal No. 508 of 2015 disposed as nothing survives with no order as to costs · Appellants directed to co-operate with SEBI and ensure impugned order is implemented as expeditiously as possible
  Appeal: Appeal No. 508 of 2015 disposed on 17.10.2016 as infructuous; no order as to costs
• Violation of Regulation 4(2)(t) of PFUTP Regulations, 2003 punishable under Section 15HA of SEBI Act, 1992
  Time granted to pay Rs. 25 Lakh penalty subject to undertaking within one week · Implementation of impugned AO order stayed till 30 September 2018 subject to undertaking
  Appeal: Appeal No. 65 of 2018 decided on 15.03.2018 and disposed of with time to pay till 30.09.2018